Risk factor
High price volatility
Profitability factor
Greatly undervalued vs peers
About
IGG Inc functions as an investment holding company, focusing on the creation and management of mobile and online games across global markets, including Asia, North America, and Europe. The company provides a wide array of online games for mobile platforms, web browsers, personal computers, and client-based systems, supported in 23 languages. Additionally, IGG Inc is involved in licensing online games and supplying comprehensive customer and technical support services. The firm was established in 2006 and its headquarters are located in Singapore.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT
Target Price
The average target price of 0799.HK is 4.79 and suggests 44.3% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i